- Clevelanders vote to build a stadium with city bonds
- Colonel Jacob Schick patents 1st electric razor
Republican candidate Herbert Hoover is elected President of the United States, defeating Democrat candidate Al Smith
- Swedes start a tradition of eating Gustavus Adolphus pastries to commemorate the king.
- Peter Matz, American musician and orchestra leader (Hullabaloo, The Carol Burnett Show), born in Pittsburgh, Pennsylvania (d. 2002)
Arnold Rothstein, American gambler and mobster (fixed 1919 World Series), dies of gunshot wounds at 46